Melbourne turns to townhouses at weekend auctions
The priciest townhouse to sell on Melbourne's second weekend in lockdown was at 41A Fifth St, Parkdale.
The four bedroom offering secured $2.01 million, well above its $1.5 million to $1.6 million price guide.
It came with a striking cedar-clad facade.
The contemporary town residence was built by Waldecon Builders within an easy walk of the village.
It came with oak floors, Caesarstone kitchen, alfresco patio complete with infra-red heaters and a dedicated study with workstation.
There was a second living area on the upper level marketed as "sought-after inclusions for today’s families."
It was on one of beachside Parkdale’s prized numbered streets, having first sold in 2017 at $1.48 million after its design by Elevation7 Architects.
Other townhouse sale notifications in Melbourne included 18A Gladhall Avenue, Thornbury which sold pre-auction in May at $1.8 million.
The 18A Fulton St, St Kilda East townhouse sold at $1,645,000 on a Zoom auction through Buxton last Thursday.
Its price guide had been $1.4 million to $1.47 million. It last sold at $1,112,500 in 2013.
It was marketed as having sumptuous style from its current vendor, an interior designer.
Three sets of French doors unfold to a series of sun filled entertaining decks cocooned in the perfectly private gardens.
CoreLogic calculated there was a 63 percent success rate from 625 apartment and townhouse auction offerings.
The success rate from the 2066 houses was 76 percent.
Sydney apartment vendors saw a 70 percent success rate compared to Melbourne's 56 percent.
There were 312 offerings across Sydney compared to 268 across Melbourne.
